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Category: Local

Nigerian Stock Exchange Intensifies Efforts To Introduce Derivatives To The Nigerian Capital Market
BusinessLocal

Nigerian Stock Exchange Intensifies Efforts To Introduce Derivatives To The Nigerian Capital Market

As investors anticipate the launch of Derivatives trading in the Nigerian capital market, The Nigerian Stock Exchange (NSE or The…

byEkeminiSeptember 9, 2020
Stronger Collaboration With CBN’ll Stabilise Naira –ABCON President
BusinessLocal

Stronger Collaboration With CBN’ll Stabilise Naira –ABCON President

The Association of Bureau De Change Operators of Nigeria (ABCON), has called for stronger collaboration between the Central Bank of…

byEkeminiSeptember 9, 2020
Travellers Groan Over Arbitrary Covid-19 Test Fees
Local

Travellers Groan Over Arbitrary Covid-19 Test Fees

The Federal Government has denied knowledge of alleged N42,000 being charged for COVID-19 test by its approved hospitals even as…

byEkeminiSeptember 9, 2020
Edo Modular Refinery Targets To Process 60,000BPD Of Oil
BusinessLocal

Edo Modular Refinery Targets To Process 60,000BPD Of Oil

Benin City — The Edo Modular Refinery is targeting an increased refining capacity of 60,000 barrel per day (bpd) of…

byEkeminiSeptember 9, 2020
GTBank Begins Search For Agbaje’s Successor, To Adopt Holdco Structure
Local

GTBank Begins Search For Agbaje’s Successor, To Adopt Holdco Structure

Guaranty Trust Bank Plc (GTBank) has started the recruitment process for the role of its chief executive officer currently held…

byEkeminiSeptember 9, 2020
Qatar Airways To Relaunch Lagos Connections This Week 
Local

Qatar Airways To Relaunch Lagos Connections This Week 

Qatar Airways will relaunch flights to Murtala Muhammed International Airport in Lagos, Nigeria, from September 10th. The four times weekly…

byEkeminiSeptember 8, 2020
NESG Expresses Worry Over Poor State Of Nigeria’s Economy  
Local

NESG Expresses Worry Over Poor State Of Nigeria’s Economy  

The Nigerian Economic Summit Group (NESG), a private sector-led think-tank and policy advocacy group that promotes sustainable growth and the…

byEkeminiSeptember 8, 2020
Nigeria To Replace National Identity Card With Digital Numbers
Local

Nigeria To Replace National Identity Card With Digital Numbers

The federal government has given an insight into the transfer of the National Identity Management Commission (NIMC) to the Ministry…

byEkeminiSeptember 8, 2020
Abuja International Airport Receives First Commercial Flight After Covid -19
Local

Abuja International Airport Receives First Commercial Flight After Covid -19

An Ethiopia Airline plane on Monday, arrived at the Nnamdi Azikiwe International Airport, Abuja, conveying 120 passengers and 13 crew…

byEkeminiSeptember 8, 2020
Nigeria: Onne Customs Generates N70 Billion In Eight Months
Local

Nigeria: Onne Customs Generates N70 Billion In Eight Months

The Area II Command of the Nigeria Customs Service at Onne Port, Rivers State, has said it generated N70 billion…

byEkeminiSeptember 8, 2020
Nigerian Languages Going Into Extinction – NICO
Local

Nigerian Languages Going Into Extinction – NICO

The Executive Secretary, National Institute for Cultural Orientation (NICO), Mr Ado Muhammed Yahuza, has said that some Nigerian Languages might…

byEkeminiSeptember 8, 2020
Korea Tasks FG On National EGovernment Master Plan
Local

Korea Tasks FG On National EGovernment Master Plan

The Country Director, Korea International Cooperation Agency in Nigeria, Woochan Chang, has tasked the Federal Government to proactively implement the…

byEkeminiSeptember 8, 2020
We’ve Eliminated Over 95% Of Trade Barriers Along Borders For Member States – ECOWAS
Local

We’ve Eliminated Over 95% Of Trade Barriers Along Borders For Member States – ECOWAS

The Economic and Community of West African States, ECOWAS on Monday said it has eliminated over 95% of trade barriers…

byEkeminiSeptember 8, 2020
Nigeria’s Capital Airport Resumes International Flights After 6-Month Shutdown
Local

Nigeria’s Capital Airport Resumes International Flights After 6-Month Shutdown

Activities were resumed at the international wing of Nigeria’s ever-busy capital airport Monday, as the country recorded its first batch…

byEkeminiSeptember 8, 2020
150,000 Nigerian Passports Stolen Or Missing: NIS
Local

150,000 Nigerian Passports Stolen Or Missing: NIS

About 150,000 Nigerian passports or travel documents may have either been stolen or lost, according to Nigerian Immigration Service records.…

byEkeminiSeptember 8, 2020
Losses Mount At Idle Nigerian Refineries
Local

Losses Mount At Idle Nigerian Refineries

There is little hope that state-owned refiners will resume production, partly due to Covid-19, while the new Dangote refinery is…

byEkeminiSeptember 8, 2020
CBN Commits N662b To Banks’ Liquidity Control, Stability 
Local

CBN Commits N662b To Banks’ Liquidity Control, Stability 

Commercial and merchant banks accessed N662 billion loans from the Central Bank of Nigeria (CBN) to control their liquidity and…

byEkeminiSeptember 7, 2020
Assessing CBN’s Interest Rate Cap On Savings Deposits
BusinessLocal

Assessing CBN’s Interest Rate Cap On Savings Deposits

The Central Bank of Nigeria’s recent review of interest charge on savings deposits has the potential to spur growth as…

byEkeminiSeptember 7, 2020
Nigeria: We Spent N31b In Four Months Fighting COVID-19 — FG
Local

Nigeria: We Spent N31b In Four Months Fighting COVID-19 — FG

The Federal Government of Nigeria has disclosed that it “spent N30,540,563,571.09, representing 84% of the N36.3 billion public funds and…

byEkeminiSeptember 7, 2020
Nigeria: NSE To Host Capacity Building Session On Derivatives
BusinessLocal

Nigeria: NSE To Host Capacity Building Session On Derivatives

The Nigerian Stock Exchange (NSE) has announced to host a virtual training session for prospective derivatives products market participants on…

byEkeminiSeptember 7, 2020
Nigeria: CBN’s Interventions Halt Naira Slide
BusinessLocal

Nigeria: CBN’s Interventions Halt Naira Slide

There are indications that stability is returning to the foreign exchange market as the value of the Naira appreciates in…

byEkeminiSeptember 7, 2020September 7, 2020
Nigeria: N10.78tr Subsidy, Why FG May Not Reverse New Fuel, Electricity Rates
Local

Nigeria: N10.78tr Subsidy, Why FG May Not Reverse New Fuel, Electricity Rates

There were strong indications last night that the Federal Government may not reverse the new fuel pump price regime because…

byEkeminiSeptember 7, 2020
Nigeria: FG Weakens Power Of EFCC Chairman Creates Director General In New bill
Local

Nigeria: FG Weakens Power Of EFCC Chairman Creates Director General In New bill

..…Agency’s sec office scrapped, replaced with admin director. A new bill seeking to amend the Economic and Financial Crimes Act…

byEkeminiSeptember 7, 2020
Nigeria: CBN Places Ban On Gaming, Sports Betting Company Account
Local

Nigeria: CBN Places Ban On Gaming, Sports Betting Company Account

The Central Bank of Nigeria on Friday placed a “Post no debit order” on the account of several gaming and…

byEkeminiSeptember 6, 2020
Nigerian Vice President Calls For Equitable Vaccine Access By Pauline Bax
Local

Nigerian Vice President Calls For Equitable Vaccine Access By Pauline Bax

Europe should work with African countries to ensure equitable access to an affordable Covid-19 vaccine once it’s available, Nigerian Vice…

byEkeminiSeptember 5, 2020
CBN Freezes Baba Ijebu, Other Companies’ Bank Accounts As Dollar Scarcity Bites Harder In Nigeria
Local

CBN Freezes Baba Ijebu, Other Companies’ Bank Accounts As Dollar Scarcity Bites Harder In Nigeria

The move by the apex bank comes months after the Economic and Financial Crimes Commission launched an investigation into the…

byEkeminiSeptember 5, 2020
Nigeria:‘I Have No Interest In Politics’ — Sanusi Speaks On Life Beyond 2023
Local

Nigeria:‘I Have No Interest In Politics’ — Sanusi Speaks On Life Beyond 2023

Muhammed Sanusi, former emir of Kano, says he has no plan to run for any political office in the country.…

byEkeminiSeptember 5, 2020September 5, 2020
Sanwo-Olu Suspends Bamidele Balogun For Imposing 5% Levy On Digital Platforms
Local

Sanwo-Olu Suspends Bamidele Balogun For Imposing 5% Levy On Digital Platforms

Governor Babajide Sanwo-Olu of Lagos State has suspended the Executive Secretary of the Lagos State Film and Video Censors Board,…

byEkeminiSeptember 5, 2020
Int’l Flight Operations Resume In Lagos, Abuja Postponed
Local

Int’l Flight Operations Resume In Lagos, Abuja Postponed

Lagos International Airport appears to be ready to receive passengers on commercial flights from abroad today.This is coming after about…

byEkeminiSeptember 5, 2020
Airlines Demand Open Borders As Flights Begin
Local

Airlines Demand Open Borders As Flights Begin

All appears set for the partial opening of the international airspace to commercial flight services tomorrow after over five months…

byEkeminiSeptember 5, 2020

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